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Sep 25, 2012
09/12
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in his address to the united nations general assembly, united states president barack obama said the recent unrest in the arab world would not prevent a march toward progress. many countries which sought dictatorships toppled has -- have struggled to establish civil institutions and democratic societies. >> recent protests against a u.s.-made and that-islamic film highlighted the debate these societies face over freedom of speech and religious tolerance. we met up with one artist in tunisia who is grateful for the freedoms that he now enjoys. >> he has been a cartoonist for 40 years. during that time, pen and paper have been his weapons in the fight against injustice and the struggle for change. he says the revolution in tunisia has given him new freedoms both personally and professionally. >> we only have freedom of expression in a few areas like sports, culture, or social issues. politics was taboo, regardless of whether the criticism was directed at public authorities or the government itself. we complied with those policies all those years until the revolution came, and one of it
in his address to the united nations general assembly, united states president barack obama said the recent unrest in the arab world would not prevent a march toward progress. many countries which sought dictatorships toppled has -- have struggled to establish civil institutions and democratic societies. >> recent protests against a u.s.-made and that-islamic film highlighted the debate these societies face over freedom of speech and religious tolerance. we met up with one artist in...
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Sep 7, 2012
09/12
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we saw stocks rally around the world, including the united states and here in asia. the european central bank decided to buy an unlimited amount of government bonds in the eurozone. this will help member nations such as spain lower their borrowing cost to help them contain their huge debts. the focus now will be whether spain and other countries will actually ask for financial assistance. under thplan announcedn thursday, the ecb will buy government bonds from the markets. the operations will focus on bonds that mature within three years. however, there are conditions attached. countries asking for help must implement reforms and get the agreement to use funds contributed by eurozone states. the government bond yields the nations with debt problems. this enables those countries to issue bonds on their own and borrow money from the the market. challenges remain to resolve the region's debt woes stggling nations will need to boost their economic growth while undertaking austerity measures. >>> now the decision appears to have calmed down the bond market for now. spanis
we saw stocks rally around the world, including the united states and here in asia. the european central bank decided to buy an unlimited amount of government bonds in the eurozone. this will help member nations such as spain lower their borrowing cost to help them contain their huge debts. the focus now will be whether spain and other countries will actually ask for financial assistance. under thplan announcedn thursday, the ecb will buy government bonds from the markets. the operations will...
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one of the difficult issues for the united states is how do we react to this? because we've got our fifth fleet stationed in bahrain. bahrain has been a friend of the united states for last several many decades and there is this tension between our commitment to human rights, our commitment to our democratic principles on the one hand which are vitally important for us but our real world, concrete interests insuring the flow of oil through the straits of hormuz which you covered. insuring that we have stable relations and influence with governments in the region like saudi arabia who have an in this. melissa: i want to talk about the video we're looking at here. he is trying to make the case, he said this repeatedly and very open about it when were doing the interview and didn't shy away from the question. when you have people in the streets throwing molotov cocktails you are putting in jeopardy the safety of the rest of our citizens. he makes it sounds like you have a few people causing trouble the other side would say these are a few people standing up for de
one of the difficult issues for the united states is how do we react to this? because we've got our fifth fleet stationed in bahrain. bahrain has been a friend of the united states for last several many decades and there is this tension between our commitment to human rights, our commitment to our democratic principles on the one hand which are vitally important for us but our real world, concrete interests insuring the flow of oil through the straits of hormuz which you covered. insuring that...
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Sep 5, 2012
09/12
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the united states over the same period. it went back up, back up, back down, and now here we are, if you can zoom in on the edge here. this is the big question for the fed, what's the right level of unemployment to come back down to. is the old number something we can attain, or is the level higher. we looked at it from different angles and it looks cyclical. '08 and '09, things like construction came mack. unemployment rose too fast for it to be long-term government issues. programs like extended unemployment insurance have maybe kept the rate high. let's look at what the response was. lacker and bullard say there is a huge percentage of people unemployed for a long period of time. where is the deflation. all of this extra slack, then we should have deflation in the economy, and the former president of the central bank. an expert in monetary policy, put up this chart. when you look at core inflation, there is no deflation. he argues thath race should maybe be higher. bill, a big debate in the federal reserve. what number s
the united states over the same period. it went back up, back up, back down, and now here we are, if you can zoom in on the edge here. this is the big question for the fed, what's the right level of unemployment to come back down to. is the old number something we can attain, or is the level higher. we looked at it from different angles and it looks cyclical. '08 and '09, things like construction came mack. unemployment rose too fast for it to be long-term government issues. programs like...
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Sep 7, 2012
09/12
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we have a fiscal and monetary problem here in the united states. what will solve the problem right now? so far the fed doesn't seem to be able to create so many jobs right now. >> what bernanke said last week and i agree with him and the evidence points in this direction is the main reason we have an 9.1% unemployment is because of weak demand. if you're thinking about monetary or fiscal policy, on the fiscal side, it comes from tax cutting, spending increases, or both, and we have to worry about that. on the monetary side, what monetary authorities can do is reduce interest rates and try to reduce rates across a broad set of assets through qe policies. the fiscal and monetary side are trying to stimulate demand, and demand is missing to great stronger momentum. >> they're pushing on a string, rant they? >> the fed has the capability to act right now, and i think always, you know, again chairman ber knack key admitted that this policy tool is not a particularly strong tool. >> ben bernanke said that he creating two million jobs. they did analysis a
we have a fiscal and monetary problem here in the united states. what will solve the problem right now? so far the fed doesn't seem to be able to create so many jobs right now. >> what bernanke said last week and i agree with him and the evidence points in this direction is the main reason we have an 9.1% unemployment is because of weak demand. if you're thinking about monetary or fiscal policy, on the fiscal side, it comes from tax cutting, spending increases, or both, and we have to...
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Sep 19, 2012
09/12
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thank you. >> the united states is calling a russian decision to expel eight workers from a usaid agency regrettable. >> moscow says the reason american money to influence russia elections. >> u.s. government agency has supported activists and human rights groups with more than $2.7 billion since 1991. and out until october 1 to leave russia. -- they now have until october 1 to leave russia. >> usa i.t. has been in russia since the end of the soviet union, but now they have been ordered out by the russian interior minister. officials accused usaid workers of meddling in politics. >> this is about the fact that america wants to use development funds to influence russian politics and in -- and exert influence on elections. >> thousands of russians hit the street again and again to protest against vladimir putin. they accuse him of corruption and electoral fraud. observers uncovered irregularities during the parliamentary and presidential polls last winter. those observers were from a group funded by usaid. there are regional elections soon and that's the reason, they say, usaid has been ki
thank you. >> the united states is calling a russian decision to expel eight workers from a usaid agency regrettable. >> moscow says the reason american money to influence russia elections. >> u.s. government agency has supported activists and human rights groups with more than $2.7 billion since 1991. and out until october 1 to leave russia. -- they now have until october 1 to leave russia. >> usa i.t. has been in russia since the end of the soviet union, but now they...
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holding dollars the fed created instead of spending them same in the united states. because of the economic situation in the united states, many people are using dollars they receive, indeed some printed by the fed to repay debt inset of consume. the whole idea we're not cooking inflation in the oven in the long run is a false idea. the key to the gold standard and going forward to a modernized gold standard it is a prescription for long-term economic growth. under the gold standard the american economy grew at 4% compounded annually, from the birth of the republic practically up until 1971. whereas the economy under the federal reserve's quantitative easing in the last decade has been growing at 1.7%. you don't have to be a rocket scientist to choose between the, a stable dollar, a stable general price level, and economic growth enagained by -- engender by confidence in the future. david: how would a shift to the gold standard affect price of gold? would you freeze gold at at current price? >> the president would announce we're going to the gold standard. there woul
holding dollars the fed created instead of spending them same in the united states. because of the economic situation in the united states, many people are using dollars they receive, indeed some printed by the fed to repay debt inset of consume. the whole idea we're not cooking inflation in the oven in the long run is a false idea. the key to the gold standard and going forward to a modernized gold standard it is a prescription for long-term economic growth. under the gold standard the...
WHUT (Howard University Television)
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Sep 6, 2012
09/12
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. >> still to come on gmt, the search is on in the united states for those behind an elaborate bank robbery. was a real or was it a hoax? bullfighting has been shown live on spanish public television for the first time in six years. the ban has been lifted by the spanish prime minister. >>♪ >> supporters say it celebrates spain's cultural heritage. critics insist it is outdated and cruel. six years ago, bullfighting was banned from the widely watched television channel, a decision made by the previous socialist government. now bullfighting is back on state tv in a prime-time spot. >> i like it very much because young people will once again see the bulls and a this is what we want. >> it seems very good to me indeed. it is about time. >> the decision was made by the pro-bullfighting prime minister who is hoping to make the sport a staple of spanish tv once again. but the move has angered animal rights campaigners. >> we see this as a backward step not only from a social and ethical point of view about what it means for torturing animals. >> for now, this is a victory for those who followed
. >> still to come on gmt, the search is on in the united states for those behind an elaborate bank robbery. was a real or was it a hoax? bullfighting has been shown live on spanish public television for the first time in six years. the ban has been lifted by the spanish prime minister. >>♪ >> supporters say it celebrates spain's cultural heritage. critics insist it is outdated and cruel. six years ago, bullfighting was banned from the widely watched television channel, a...
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company you also have to of course abide by the tax regulations of the united states. melissa: so why would you do this instead of being like just over the border in canada or being in bermuda on the other coast? it does seem like it's genius but a little bit inconvenient? >> right. so being in silicon valley is incredibly important for high-tech startups in particular. this is a great place to sort of plant your roots as a high-tech company and to grow into the next facebooks, next googles, create all the jobs, innovation and technology. this is where you want to do it. there are no place in the world like silicon valley if you have that dream and aspiration. we're creating this place near silicon valley to people have the ability to come in and out and partake in a lot of magic that helps companies to grow. once they're large enough to do everything we can to make the transition on to land. melissa: is it already floating? what is demand like? >> so we're not in the water yet. we're still in the fund raisings stages. so far we have about 300 companies that are lookin
company you also have to of course abide by the tax regulations of the united states. melissa: so why would you do this instead of being like just over the border in canada or being in bermuda on the other coast? it does seem like it's genius but a little bit inconvenient? >> right. so being in silicon valley is incredibly important for high-tech startups in particular. this is a great place to sort of plant your roots as a high-tech company and to grow into the next facebooks, next...
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Sep 10, 2012
09/12
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for 30 some years at manyperint different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. every time a local business opens its doors, or makes another sale, or hires another employee, it's not just good for business. it's good for the entire community. at bank of america, we know the impact that local businesses have on communities. that's why we've extended over $4 billion in new credit to local businesses across the country so far this year. because the more we help them, the more we can help make communities stronger. >>> welcome back. more breaking news. >> another executive is leaving zynga. chief market and operating officer jeff carp is leaving the company after one year. following a slew of departures including chief operating officer and chief creative officer. zynga saying they're continuing their transition to mobile way from reliance on
for 30 some years at manyperint different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. every time a local business opens its doors, or makes another sale, or hires another employee, it's not just good for business. it's good for the entire community. at bank of america,...
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states. the ftse up 12% and the cac index of 12% and bank stocks, french bank stocks up 7%. certainly a lot of positive reaction to this news but there are critics who say that the pcb is just throwing money at the problem. this is tantamount to finding governments by printing bank notes. there you go. strongly opposes this move. there are those who say it helps bring confidence back and brings down borrowing costs. bottom line is what does it do to address the euro zone debt crisis itself. this does not address it. it is down to individual governments to get their fiscal house in order. it could be a long time before that can be accomplished. >> the dow is up 220 points and the s&p up 26. it has been a real rally. let's take it to the traders at the stock exchange. john core team of legal very broad based rally. if you had to pick one is it a good private sector job numbers? let's not ignore that. we had job gains of 280,000. >> you are right. the economic data out of washington clearly is s
states. the ftse up 12% and the cac index of 12% and bank stocks, french bank stocks up 7%. certainly a lot of positive reaction to this news but there are critics who say that the pcb is just throwing money at the problem. this is tantamount to finding governments by printing bank notes. there you go. strongly opposes this move. there are those who say it helps bring confidence back and brings down borrowing costs. bottom line is what does it do to address the euro zone debt crisis itself....
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Sep 6, 2012
09/12
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. >> the bankers, whether it's in the united states or over there, have been talking the talk which is one of the reasons why the u.s. market's up 10% this summer is the anticipation of quantitative easing down the road. >> the ecb needs it. >> the question is, will they walk the walk? >> will the ecb -- this is the plan. now over to you politicians. they're finished. >> we have seen it. verbal intervention brought spanish interest rates down and spain is backing off saying, whoa, we don't necessarily need any help. you know? already in that drama. can you put forward further austerity? >> not just since milton die dined alone. thanks very much. back to you. >> we'll continue the conversation here on the nyse floor. here with me is kenny pulcari. europe today is stabilize. a rally. listening to the conversation, you were making points to me during that. not only do they have to agree, spain and italy, to certain conditions, they actually have to ask for the aid and they have not done that yet. >> that's right. they have to ask for it and agree to the conditions and talking about this f
. >> the bankers, whether it's in the united states or over there, have been talking the talk which is one of the reasons why the u.s. market's up 10% this summer is the anticipation of quantitative easing down the road. >> the ecb needs it. >> the question is, will they walk the walk? >> will the ecb -- this is the plan. now over to you politicians. they're finished. >> we have seen it. verbal intervention brought spanish interest rates down and spain is backing...
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Sep 4, 2012
09/12
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>> the united states. the united states was hemorrhaging 700,000 jobs a month or 700,000 jobs a month under george bush. right now, we're creating jobs. we've created 3 million or 4 million jobs in the worst recession with an obstructionist congress working against the president. >> so you think that unions then are better off today than they were three years ago? >> i think america is better off. >> are the unions better off? are the unions better off? >> unions and america are better off. we're not hemorrhaging jobs. we're creating jobs. we have a guy that enforces health and safety laws. he wants to reinstill the buy in america labor. he's pushing for insource, not outsourcing. we have a president right now who is saying, let's bring jobs back to america and increase manufacturing. >> it's interesting because i am hearing a lot of that and yet we're just not seeing it in the numbers. an unemployment rate at 8.3% and most economists you speak to will tell you we should be a lot farther off in this moment
>> the united states. the united states was hemorrhaging 700,000 jobs a month or 700,000 jobs a month under george bush. right now, we're creating jobs. we've created 3 million or 4 million jobs in the worst recession with an obstructionist congress working against the president. >> so you think that unions then are better off today than they were three years ago? >> i think america is better off. >> are the unions better off? are the unions better off? >> unions...
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Sep 6, 2012
09/12
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states. what happens if the job's number is a solid number tomorrow, do we continue to see rates rise here in the u.s.? >> a lot of the move has been not necessarily on the back of the ecb been on fed expectations. you can price out some of that qe expectation priced into the markets and you will gate softer message from the fed extending zero interest rate policy into 2015. i think it's more focused on the fed and less on the ecb today. >> now that we know that the ecb says they be in there, we presume, do you buy it? if you're looking for yield, holy smokes. >> i think until we see spain and other countries commit to being engaged in this program, you will see volatility. the yield vs. come down 150 or 250 points. and you would expect to see that roll down. they would roll into that three year maturity. in terms of thinking about waying to get 5% and 6% yields, i think there are better ways to get it. >> keith springer, as randy said, he is wondering when the little guy will want to get bac
states. what happens if the job's number is a solid number tomorrow, do we continue to see rates rise here in the u.s.? >> a lot of the move has been not necessarily on the back of the ecb been on fed expectations. you can price out some of that qe expectation priced into the markets and you will gate softer message from the fed extending zero interest rate policy into 2015. i think it's more focused on the fed and less on the ecb today. >> now that we know that the ecb says they be...
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Sep 6, 2012
09/12
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not just here in the united states but also over in europe where we did see more than 2% gains across the board. dr. jay, what did you see in terms of the options market? >> there certainly was that. there were people trying to add alpha chasing the market here because they're behind the curve. clearly a lot of turnover in the leverage dtfs. i was looking at, for instance, the faz or the sso. i mean, all of these, whether it's a double, triple bear, double, triple bull, whichever it is, options on those before trading about seven times normal volumes today. most after this is people chasing either people that are mind and short, trying to catch up, or people that are basically flat and looking to get into the market. that's the main reason that they would trade either of those. i'd remind them to be careful about what warren buffett says. you combine ignorance with leverage, you get some pretty interesting results. that's exactly what we got today. >> right. we did see a broad-based rally. take a look at this list of s&p 500 gainers. pretty much from every sector. in the last hour, ea
not just here in the united states but also over in europe where we did see more than 2% gains across the board. dr. jay, what did you see in terms of the options market? >> there certainly was that. there were people trying to add alpha chasing the market here because they're behind the curve. clearly a lot of turnover in the leverage dtfs. i was looking at, for instance, the faz or the sso. i mean, all of these, whether it's a double, triple bear, double, triple bull, whichever it is,...
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Sep 13, 2012
09/12
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FBC
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states coequal with the united nations and some of our partners. you have to understand it every country in the world gets up in the morning in calculates what the to do relative to u.s. power . they calculate the u.s. power is on the shelf or at least in the background, there are to step forward like this, was the cause of lift the bar and it's really difficult. charles: and events like this better happening, quarter after five in the evening. cairo, protesters, you're watching the live, still on the scene at the u.s. embassy. we have to move on to other topics. thank you very much. dagen: could to see a. of course, another big event that will happen later this afternoon. the federal reserve will make its announcement on monetary policy had 1230 eastern time. then, of course, a big press conference at 215 eastern time. you can see the clock. are we excited? here to weigh in on what he thinks the federal reserve will do. four executive vice president with the atlanta federal reserve bank. what does he think? much expectation among some investors, a
states coequal with the united nations and some of our partners. you have to understand it every country in the world gets up in the morning in calculates what the to do relative to u.s. power . they calculate the u.s. power is on the shelf or at least in the background, there are to step forward like this, was the cause of lift the bar and it's really difficult. charles: and events like this better happening, quarter after five in the evening. cairo, protesters, you're watching the live, still...
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Sep 25, 2012
09/12
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also on the agenda today in the united states, two key data points .at s. housing recovery. expected to be up 1% for july. and we'll also have the latest consumer confidence report, this is the richmond fed manufacturing survey due out at 1:00 eastern. also an auction of two year treasury notes. >> speaking of economic indicator, here's one for you. southern europeans are cutting back on their coffee due to the economic downturn. consumption is down in italy and sman to levels not seen for the last five or six years. and perhaps in a silver lining for the rest of us, that's driving the price of coffee down. what do you cut back on in tough economic time times some do you still need the daily caffeine boost? two pounds a day really does add up. i know i'm equity of that myself. e-mail us or tweet us to respond to that or anything else you've heard on the program this morning. and speaking of twitter, on wednesday on cnbc, we'll have an exclusive interview with the twitter ceo. tweet your questions today using the #ask twitter. >> and angela merkel, we'll hear from an author w
also on the agenda today in the united states, two key data points .at s. housing recovery. expected to be up 1% for july. and we'll also have the latest consumer confidence report, this is the richmond fed manufacturing survey due out at 1:00 eastern. also an auction of two year treasury notes. >> speaking of economic indicator, here's one for you. southern europeans are cutting back on their coffee due to the economic downturn. consumption is down in italy and sman to levels not seen...
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the united states as well as the live in a focus have an opening to enter the situation would have made several arrests and hearing from them that they believe that this has all the telltale signs i'll kind of second we had seen al-qaeda linked at demonstrations elsewhere in the region such as at this moment the world is incredibly volatile. and dr. dean of the school of international affairs believes people should search deeper for the root cause of the protests but protester don't nobody in australia or in foreign countries which are obvious from the epicenter of the arab spring region i think those are more spontaneous but libya egypt yemen these are like post evolutionary societies and this is weird you have seen the brunt of the winds and the skill of the progress seven rather high and i do these are politically orchestrated by noble actors who are being backed by some of these rich donors from these don't want to also behind them dollar through assad in syria so i see this as a you know it in many ways an extension of the proxy war that is going on in syria where so if it's an ext
the united states as well as the live in a focus have an opening to enter the situation would have made several arrests and hearing from them that they believe that this has all the telltale signs i'll kind of second we had seen al-qaeda linked at demonstrations elsewhere in the region such as at this moment the world is incredibly volatile. and dr. dean of the school of international affairs believes people should search deeper for the root cause of the protests but protester don't nobody in...
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charlie is reporting massive layoffs are under way in the united states. hundreds of employees potentially at risk. and telling charlie the equity business has been, quote, decimated. we will get more from charlie gasparino in the next hour of markets. dennis: stocks every quarter hour. chipmakers that both end of the spectrum. nicole: we talk about supply it is the big issue. technology groups, to the downside and a supply warning and you can see down 22% is a huge move to the downside. if you are disappointed in how you have supply ready to go and some key beneficiaries both of which are up 8% on this news another thing to note is prices are flat but this could -- benefit from supplies. big picture market outlook a big day. if you have an ira or 401(k) you are pretty happy. lots of new highs. dennis: thank you. gold is hitting a five month high today. phil flynn of price futures group and fox business contributors watching all things shiny. phil: we are seeing silver flying saucer. what are talking about? a saucer bottom in silver. that is what traders a
charlie is reporting massive layoffs are under way in the united states. hundreds of employees potentially at risk. and telling charlie the equity business has been, quote, decimated. we will get more from charlie gasparino in the next hour of markets. dennis: stocks every quarter hour. chipmakers that both end of the spectrum. nicole: we talk about supply it is the big issue. technology groups, to the downside and a supply warning and you can see down 22% is a huge move to the downside. if you...
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Sep 4, 2012
09/12
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basically, the inefficient use of some of the stimulus money in the united states really misallocated resources. we could have done a better job in terms of how we spent the money. again, even the president made fun of the fact that a lot of projects simply weren't shovel-ready. i think how we spend the money is very, very important overall. also, finally, i would just comment there is a budget constraint with respect to fiscal spen pentagon. so, as we saw in om of the european economies, spending more money when it's perceived that over the long run it's going to be more and more difficult for you to meet that budget constraint in term of paying that money back doesn't do you a lot of good in terms of perhaps a weaker dollar, a higher inflation expectations, higher real interest rate over time. so i think, again, i think the professor has it right. there are limits to fiscal policy, especially given the large debt to gdp rashs that we have in the united states. >> john, thank you for getting up for us this morning. steve horowitz will stay with us and we'll talk about a alternatives.
basically, the inefficient use of some of the stimulus money in the united states really misallocated resources. we could have done a better job in terms of how we spent the money. again, even the president made fun of the fact that a lot of projects simply weren't shovel-ready. i think how we spend the money is very, very important overall. also, finally, i would just comment there is a budget constraint with respect to fiscal spen pentagon. so, as we saw in om of the european economies,...
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Sep 8, 2012
09/12
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states and europe over the last year. >> you mentioned the president of the united states. when asked about his handling of the economy, he said he would give himself an incomplete grade. what would you give him? >> i think that is right. i think there was a prospect of a situation like the u.s. great depression in 2009. he looked at what happened when the president came into office, employment was falling, gdp was falling, stock prices were falling. all of it. exports were falling. all of it was falling more rapidly than in the fall of 1929. for all of the problems, we have had a different path with nothing like the kind of complete collapse of the economy that u.s. saw after 1929. >> or just when you talk carbon dioxide was enough to worry about, scientists have told us of the appearance of arctic ice is a much greater contributor to global warming. that raises the question of why we should bother not -- jeremy paxman discuss that with a conservative who has written a new report on climate change and is the new leader of the british green party. but first he spoke to our
states and europe over the last year. >> you mentioned the president of the united states. when asked about his handling of the economy, he said he would give himself an incomplete grade. what would you give him? >> i think that is right. i think there was a prospect of a situation like the u.s. great depression in 2009. he looked at what happened when the president came into office, employment was falling, gdp was falling, stock prices were falling. all of it. exports were falling....
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up to know what we saw from the united states they are trying to send voices due to the authorities in a very soft way and they concentrate on human rights issues but not all political issues while the political issues is the cause all for all these violations because the government did not accept all our demands are politically why and they are taking all their actions against us in violating our safety related to our rights our freedom of expression. killing people all this need from the international community to put. pressure on our of thirty to give people their rights as a democrat democracy nothing else we did not call for a religious state for example we are calling for a theme across the as a methodology to have all of our rights embraced. increase access to the internet across the. world is having a direct impact on the politics of the region a new generation of pro-reform activists has grown up who are eager to break free of government censorship through their computer skills but as artie's policy reports the actions of some so called. could play into the hands of foreign po
up to know what we saw from the united states they are trying to send voices due to the authorities in a very soft way and they concentrate on human rights issues but not all political issues while the political issues is the cause all for all these violations because the government did not accept all our demands are politically why and they are taking all their actions against us in violating our safety related to our rights our freedom of expression. killing people all this need from the...
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Sep 22, 2012
09/12
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and the united states, i am following the elections. what would republicans say about the democrats? it hurts. it hurts democrats deeply. >> we have got to go. >> that is protected. >> you do accept that the majority of muslims who are offended by the foam are offended, they are not violent. they have the right to be offended if they feel their religion, their culture is under attack? >> absolutely. i mean, the majority is offended, but in their offense, i think what they should do, the majority of muslims, for them to be credible is to object to real human suffering. let me give you an example. you just reported on pakistan. in mid august, i believe it was august 14, a 14-year-old girl was raped and pakistan by five men. bout was national news. there is no demonstration of any kind. no outrage of any kind. this happens throughout the muslim world all the time. there is no outrage in the muslim world when human life is taken, when charges are burned, when muslims -- i know of homicidal few -- when they say and do bad things. but then so
and the united states, i am following the elections. what would republicans say about the democrats? it hurts. it hurts democrats deeply. >> we have got to go. >> that is protected. >> you do accept that the majority of muslims who are offended by the foam are offended, they are not violent. they have the right to be offended if they feel their religion, their culture is under attack? >> absolutely. i mean, the majority is offended, but in their offense, i think what...
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Sep 14, 2012
09/12
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in the united states it has a dual mandate. price stability and full employment. and it's done neither. and so i'm glad they're finally tying those actions together. >> marc, fair point. what would you do as a policy maker? >> well, first of all, if i were mr. bernanke, for sure i would resign after having messed up the u.s. as badly as mr. greenspan and mr. bernanke have done over the last 15 years. and mr. bernanke before he was fed chairman, he was one of the principal architects of ultra expansionary monetary policies, never paying any attention to credit growths that led to the housing bubble. and if i had messed up this badly, i would for sure resign. but secondly, if you you really want to have an expansionary mop taker po monetary policy that helps the man on the street, should you do what sheila bair proposed, namely send each household a check for $5 million interest rate free. i would go as far as to say send them each $10 million free as a gift and put it on the balance sheet of the treasury and the fed and that would boost consumption temporary. don't
in the united states it has a dual mandate. price stability and full employment. and it's done neither. and so i'm glad they're finally tying those actions together. >> marc, fair point. what would you do as a policy maker? >> well, first of all, if i were mr. bernanke, for sure i would resign after having messed up the u.s. as badly as mr. greenspan and mr. bernanke have done over the last 15 years. and mr. bernanke before he was fed chairman, he was one of the principal architects...
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Sep 6, 2012
09/12
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there actually in the united states has been a dip in new starts. usually there's an upswing in new starts in the recession. we have a very unusual recession going on here. i think it's largely driven by the origins of the recession, that it was a finance-based recession. this has rippled through in terms of credit into the economy and it's changing the nature of available capital resources for startups. although your concern is logical, i don't think it's what's happening right now. >> the number one concern people have about the u.k. is the proximity to europe. this seems to be the number one issue. you can't do anything about the back drop. the government has pinned its hopes on programs like the funding for lending scheme. do you think this does anything to encourage small businesses? >> there's a couple of points in there. i completely agree that we have a challenge that our largest trading partner is the e.u. there's little to be done about that per se. but funding -- the lending for business scheme is a challenge in the startup context in a n
there actually in the united states has been a dip in new starts. usually there's an upswing in new starts in the recession. we have a very unusual recession going on here. i think it's largely driven by the origins of the recession, that it was a finance-based recession. this has rippled through in terms of credit into the economy and it's changing the nature of available capital resources for startups. although your concern is logical, i don't think it's what's happening right now. >>...
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up to know what we so throw the united states there. trying to. voices the authorities in a very soft way concentrate on human rights issues were not called political issues while the political issues is the goals all for all the violations because the government did not accept our demands or politics. and they are taking all their actions against us violating our safety our. freedom of expression. feeling. this need for all the international community to put the pressure on our team to give people their rights as a democrat democracy nothing else we did not call for a religious state for example we are calling for to them across the as a methodology to have all the rights and. increased access to the internet across the arab world is having a direct impact on the politics of the region a new generation of pro-reform activists as grown up who are eager to break free of government censorship through their computer hacking skills but as our policy reports the actions of so-called hacktivists could play into the hands of foreign powers. each day acro
up to know what we so throw the united states there. trying to. voices the authorities in a very soft way concentrate on human rights issues were not called political issues while the political issues is the goals all for all the violations because the government did not accept our demands or politics. and they are taking all their actions against us violating our safety our. freedom of expression. feeling. this need for all the international community to put the pressure on our team to give...
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and turkey so as you see this and high school it across the whole region in the united states who believed creator of this film is not cool at best and he has been taken in by miracle parties for questioning now he has said that he does not look great making this film although he does with great loss of life but we are hearing that he is considering releasing the full version of the film and certainly the demonstrations here in cairo have lost momentum right now it is essentially a mop up operation but as i'm speaking to you he speak to me as are still cleaning up the degree the glass the rocks and the stones that are left over from the last few days of my saying the united states and egypt are traditionally close partners it does seem as if this relationship is very rocky at the moment the last word we heard from president barack obama is that he does not consider egypt and i while at the same time he does not consider them an enemy. doctors treat. dean of the school of international affairs believe that people should search do you put up for the root cause of the protests. but producer d
and turkey so as you see this and high school it across the whole region in the united states who believed creator of this film is not cool at best and he has been taken in by miracle parties for questioning now he has said that he does not look great making this film although he does with great loss of life but we are hearing that he is considering releasing the full version of the film and certainly the demonstrations here in cairo have lost momentum right now it is essentially a mop up...
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states so there is an exodus. it's a crisis is it is this are serious just pushing through here and i don't accept that they really see the light until maybe two thousand and fourteen. in america the anti corporate occupy movement aim to surge back into the headlines on its first anniversary activists are rallying support for demonstrations in new york before they plan to descend on wall street once again on monday the movement spread across the u.s. last year with mass rallies against economic inequality taking place in dozens of cities police crackdown on several demonstrations are leaking tear gas and making thousands of arrests and affecting tent camps from public parks it's going to. speak with activists kind of more pain now activists have not applied i understand for a legal permit to occupy wall street on monday what response do you think they'll get from the authorities well you know new york city there are demonstrations all the time that are peaceful legal you know stroll or march down the street was th
states so there is an exodus. it's a crisis is it is this are serious just pushing through here and i don't accept that they really see the light until maybe two thousand and fourteen. in america the anti corporate occupy movement aim to surge back into the headlines on its first anniversary activists are rallying support for demonstrations in new york before they plan to descend on wall street once again on monday the movement spread across the u.s. last year with mass rallies against economic...
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Sep 7, 2012
09/12
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where does that leave political classes, not only in the eurozone but also in the united states. the global issue has been a subject john has been involved, the ceo of eli lilly. nice to see you. let's see this issue of leadership. clerly the onus with central banks doing as much as they can in terms of turning around the global economy. the emphasis is very much on a political class in europe that is fighting its own corners, and in a clearly divided political class in the united states. can't we achieve this sort of leadership the world needs economically? >> we're in a tough situations that's been years in the making and i think it will be years to work our way out of it. there's an old saying as elected democracies we get the leaders we deserve. different views on our leaders reflect a certain divisiveness on leaders. some of the comment i made here yesterday of the position i would take, and i think we should be looking toward from the perspective of anyone who runs a company is leadership that takes a long-term view when temptations are otherwise to deal only with the short
where does that leave political classes, not only in the eurozone but also in the united states. the global issue has been a subject john has been involved, the ceo of eli lilly. nice to see you. let's see this issue of leadership. clerly the onus with central banks doing as much as they can in terms of turning around the global economy. the emphasis is very much on a political class in europe that is fighting its own corners, and in a clearly divided political class in the united states. can't...
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Sep 17, 2012
09/12
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>> there is a lot of this function in all of this, but what has happened this, the united states has 16 trillion dollars in outstanding ious in the world, and we are spending a trillion dollars more each year than we have. so we have to go into the debt market regularly, and it puts everything in jeopardy, in peril. the treasury secretary, tim geithner, here in the u.s., is running around hollering fire. we've got to do something about this. the simple fact is that the politicians have not been willing to come up with a plan that would involve paying for republicans and democrats, something that is a compromise. so we head into this election with the financial house that is not in order. >> you are very clear in this book that this president, unlike previous presidents, has not worked his will. what are the consequences of that? >> they may be very substantial. president reagan in and president clinton, you can criticize them, and a lot of people would, but they had a way of carrying things over the finish line and getting their way. obama is still distant, somewhat removed from this
>> there is a lot of this function in all of this, but what has happened this, the united states has 16 trillion dollars in outstanding ious in the world, and we are spending a trillion dollars more each year than we have. so we have to go into the debt market regularly, and it puts everything in jeopardy, in peril. the treasury secretary, tim geithner, here in the u.s., is running around hollering fire. we've got to do something about this. the simple fact is that the politicians have...
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states and who they want to attack they want to allow the united states to attack i say this interview by asking about afghanistan but i want to wrap it up by asking you about something you said that because you recently said that you believe the u.s. and and its allies are fighting a proxy war against. own with the media but that is at all without a doubt that that could create an even more dangerous time to make clearly and in that area of the world if they still don't know what they're doing in afghanistan can't figure it out rightly right is pakistan our ally or is it our enemy now the taliban and you take someone like former chairman of the joint chiefs of staff admiral mike mullen who said that kani network is an arm of the pakistani i.s.i. pakistani military intelligence that we the united states have paid at least twelve billion dollars have given a different forms at least twelve billion dollars to the pakistani military since nine eleven but the pakistani military according to former admiral mike mullen said every everyone else is backing the taliban so we are supplying money
states and who they want to attack they want to allow the united states to attack i say this interview by asking about afghanistan but i want to wrap it up by asking you about something you said that because you recently said that you believe the u.s. and and its allies are fighting a proxy war against. own with the media but that is at all without a doubt that that could create an even more dangerous time to make clearly and in that area of the world if they still don't know what they're doing...
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states of america will never retreat from the world. we will never stop working for the dignity and freedom that every person deserves it could be that the obama administration thinks by supporting revolutions by fostering regime change washington is winning the hearts and minds of the people in that part of the world but we sent events showed that's not quite so if you look at poll numbers that gauge public attitude towards the u.s. in different muslim countries u.s. approval rating is the same as it was under president george w. bush in some countries like pakistan it's much worse and these numbers have nothing to do with the infamous film but they do have something to do with us policies you know we can rap any kind of purple finger revolution we want people to have democracy and have freedom but at the end of the day when we look at the results of what's been accomplished over two decades of being in this region destabilizing the region we have hundreds of millions of people who are the in a lot of cases had their world turned upsid
states of america will never retreat from the world. we will never stop working for the dignity and freedom that every person deserves it could be that the obama administration thinks by supporting revolutions by fostering regime change washington is winning the hearts and minds of the people in that part of the world but we sent events showed that's not quite so if you look at poll numbers that gauge public attitude towards the u.s. in different muslim countries u.s. approval rating is the...
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Sep 6, 2012
09/12
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we have lackluster growth in the united states. we have draghi coming out and downgrading the gdp outlook and out right recession as europe will likely be in 2013. how can this be? the answer from the bulls is where earnings may be lackluster but they'll still be positive. here is the estimates right now for earning. question down, q4 a big bump up. this isn't going to happen. this is 14 thst. the numbers will come down but still positive. overall for 2012, 4%, maybe 3%. not as much as in the past year. it is still growth, 2013, you know the numbers are the how. you know they will come down. it is 11%. that will probably end up at 5% next year. 5% growth, carl, is still 5%. it is not negative earnings growth. to argue for negative earnings growth, let me tell you what people are telling me. they keep saying you can't do this way. revenue growth is petering out, the margin expansions are tougher, china will have a hard landing, a soft patch in the u.s. economy, we'll hit the fiscal cliff. this is what people yell at me every day. he
we have lackluster growth in the united states. we have draghi coming out and downgrading the gdp outlook and out right recession as europe will likely be in 2013. how can this be? the answer from the bulls is where earnings may be lackluster but they'll still be positive. here is the estimates right now for earning. question down, q4 a big bump up. this isn't going to happen. this is 14 thst. the numbers will come down but still positive. overall for 2012, 4%, maybe 3%. not as much as in the...
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two hundred the united states have to target iran for decades why assume that this would suddenly stop to work because i think one shouldn't be. i think. if you look at the balance between the come to like you. over whether or not it's. what the conditions for use nuclear weapons against. which turns into know that. in my opinion. nuclear weapons against us moment the world. because they don't they don't. justify see you of course were one of the key personalities to help develop and deploy israel's arrow missile defense system. iran's only threat to israel at this point is conventional weapons how much harm can iran really do to. it has to retaliate for israeli attack. or you know about the stuff you can give you mona. i think the. existence of i mean there's a continued to be. and and. and function but. how many. very sensitive to some things and you can get. through. but the one thing i can say for example. with nine hundred ninety one. we heard very few casualties. who doesn't want to. limit the damage but for three weeks a country. that was damaged enough so. you could talk about
two hundred the united states have to target iran for decades why assume that this would suddenly stop to work because i think one shouldn't be. i think. if you look at the balance between the come to like you. over whether or not it's. what the conditions for use nuclear weapons against. which turns into know that. in my opinion. nuclear weapons against us moment the world. because they don't they don't. justify see you of course were one of the key personalities to help develop and deploy...
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up to know what we so throw the united states they are trying to send voices due to the authorities in a very soft way they concentrate on human rights issues but don't own political issues while the political issues is the cause all these violations because the government did not accept oh. politically why they are taking all their actions against us in violating our safety violating our rights. freedom of expression. killing people all this need from the international community to put their pressure on to give people their rights as a democrat democracy nothing else we did not call for a religious state for example we have calling for the democracy as a missile delivery to have all our rights and by whom. in our country there is no justice there is discrimination there is unfair in all sectors in our country of this. policy by the austerities because they don't like people demands and they want to keep everything in their hands. all right ten minutes past the hour here in the russian capital the united states has removed a militant iranian opposition group off its list of foreign ter
up to know what we so throw the united states they are trying to send voices due to the authorities in a very soft way they concentrate on human rights issues but don't own political issues while the political issues is the cause all these violations because the government did not accept oh. politically why they are taking all their actions against us in violating our safety violating our rights. freedom of expression. killing people all this need from the international community to put their...
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mary pass in lebanon with me in mind peace to be on the go now the united states has wanted the evacuation of non instinctual diplomats and families from sudan this year as well as holding american citizenship and these who want to this is just merely interlacing very dynamic situation here in temples common sense here if the situation will be down in the coming days. there is leading our coverage of the anti american unrest she reports clashes erupting in afghanistan and pakistan as people demonstrate their anger with the u.s. it's all on her twitter feed at the school. she from the pac nationalists for my spoke to me a little early here and also he says the protests all aimed at the video but all the result of long pent up anger. these demonstrations really are not really directed at the film itself they are a result of an accumulation over the past few months and years the good film right now has acted as the sparkle that really exploded as a result off of the failure of the us government to contain what many many muslims are seeing right now as an organized campaign in inside the unite
mary pass in lebanon with me in mind peace to be on the go now the united states has wanted the evacuation of non instinctual diplomats and families from sudan this year as well as holding american citizenship and these who want to this is just merely interlacing very dynamic situation here in temples common sense here if the situation will be down in the coming days. there is leading our coverage of the anti american unrest she reports clashes erupting in afghanistan and pakistan as people...
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calm the united states has beefed up its security and this is a mission that has reinforcements to the capital yemenite. at the same time the quest to send the snow we see the capital city. one subject by authorities there they say that they can deal with the security situation by themselves from libya we are hearing and of course this is where the american ambassador and three . that high ranking u.s. stock in the state will someday be clearing that for a grace has been made we have no information at this stage as to the identities of those are wasted but we are hearing that an announcement regarding reserve race will be made soon both the united states and libyan authorities are pointing at al qaida they say that the attack has the fingerprints of al qaida and al-qaeda has released a statement and although it doesn't take responsibility directly for this attack in benghazi it has said that the attack was in response to the killing of all kind is the number two by u.s. drones at the same time we're also hearing that the f.b.i. has to spend a visit to libya to deal with the investigati
calm the united states has beefed up its security and this is a mission that has reinforcements to the capital yemenite. at the same time the quest to send the snow we see the capital city. one subject by authorities there they say that they can deal with the security situation by themselves from libya we are hearing and of course this is where the american ambassador and three . that high ranking u.s. stock in the state will someday be clearing that for a grace has been made we have no...
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states and the western powers are responding to the initial arab spring very quickly the u.s. was here with democracy promotion programs and other georgia programs to steer the arab spring into outcomes that are not going to be threatening to western capitalism and to us geopolitics and it's really geopolitics in the region history is littered with western governments using n.g.o.s and groups to advance their interests and more recently with the electronic media and social networks they employ but the angry demonstrations have rocked the arab world after the you tube clip of the innocence of muslims trade when viral shows yet again how the west sometimes force victim to the very same activity it promotes policy r.t. . all right time now for a change of pace and the straight to danielle in the military in all the very latest so what's happening was the sentiment out. there is falling with short losses in tokyo and many firms started to trade without rights to the latest dividend payouts while global growth fears result shares across the region let's check them out because among
states and the western powers are responding to the initial arab spring very quickly the u.s. was here with democracy promotion programs and other georgia programs to steer the arab spring into outcomes that are not going to be threatening to western capitalism and to us geopolitics and it's really geopolitics in the region history is littered with western governments using n.g.o.s and groups to advance their interests and more recently with the electronic media and social networks they employ...
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i mean partly the united states has a long and sort of unfortunate history of not trying to look too closely and learn too much from the experience of other nations and that sort of maybe summarized in this notion of american exceptionalism that we're so exceptional that we can't learn won't learn and aren't similar to other places you know the thing is i don't think it's real until it hits you can see that in spain too with the recent election of a more conservative group of legislators for a lot of folks this stuff isn't real until the layoffs calm until the wage cuts come until the demonstrations of course it's a little late at that point but better late than never i don't think people fully understand what the sort of balance the budget in response to economic downturn looks like but if they want to see it we know that from history because that was the hoover attempt in one nine hundred thirty and thirty one and i think we all know that that didn't and all that well if you if you really only need to learn the lesson from america's history as opposed to other nations now wasn't ho
i mean partly the united states has a long and sort of unfortunate history of not trying to look too closely and learn too much from the experience of other nations and that sort of maybe summarized in this notion of american exceptionalism that we're so exceptional that we can't learn won't learn and aren't similar to other places you know the thing is i don't think it's real until it hits you can see that in spain too with the recent election of a more conservative group of legislators for a...